Fife Start-Up Grant
Last Updated: 04 Jul 2024
Contents
Support provided by Invest Fife Fife Council Funded by UK Gov - LOGO ONLY Levelling Up - LOGO ONLY
What does this involve?
Fife Council’s Start-Up Grant can provide individuals who intend to start a business in Fife with up to £500 towards the costs involved in starting to trade. Eligible costs include things such as equipment, stock and certification.
The Start-Up Grant opens for applications on 1 April 2023. The deadline to apply is 31 January 2025.
Grants are offered at the discretion of a Business Gateway adviser, so you must be working with Business Gateway Fife to be considered.
The grant is paid retrospectively. This means that after their application is approved, applicants will need to cover the project costs upfront, then submit a claim with evidence of the money spent to receive their grant. You cannot claim for expenses incurred before your application was approved.
Applications are completed by a Business Gateway adviser, then checked, signed and submitted by the business that's applying.
The Start-Up Grant is delivered by Business Gateway Fife on behalf of Fife Council and is fully funded by the UK Government through the UK Shared Prosperity Fund.
Am I eligible?
You may be eligible if you intend to start a new business based in Fife, or have started one in the past 6 months.
What does this cost?
This is a free service.
The grant will provide up to £500 in funding. Businesses must be prepared to cover any additional costs through other sources.
Note that you will need to be prepared to cover the full costs upfront, then submit a claim with proof of expenditure to receive your grant. You cannot claim for expenses incurred before your application was approved.
Who is this for?
Anyone who intends to start a new business in Fife or who has started a business in Fife in the past 6 months.
How long does this take?
The Start-Up Grant opens for applications on 1 April 2023. The deadline to apply is 31 January 2025.
Applications are completed by a Business Gateway adviser, then checked, signed and submitted by the business that's applying. You will receive a decision within 5 working days after you submit the application.
After you receive and accept your grant offer, you'll have 2 months to submit a claim with proof of expenditure. Payment will be processed within 5 working days after your claim is received and accepted.
Important information
The Start-Up Grant opens for applications on 1 April 2023. The deadline to apply is 31 January 2025.
Next steps
Submit an enquiry and an adviser will be in touch to discuss your needs.
Support provided by Invest Fife Fife Council Funded by UK Gov - LOGO ONLY Levelling Up - LOGO ONLY